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Equipment financing is projected to surpass $740 billion in 2013.
After the 2007 fires, he said, firefighting agencies have replenished their equipment, financing and staffing.
GE Capital said today that it had agreed to buy two equipment financing and leasing businesses from Mellon Financial.
Instead, we should provide intelligence, equipment, financing and training for a West African intervention force that the United Nations Security Council approved in December (but did not finance).
The company has struck a deal with GE Capital that will eventually remove from its books most of the equipment financing that has weighed down the balance sheet.
Mr. Furrer, 43, works in New York as a vice president for syndications in the equipment financing division of Wells Fargo & Company, the financial services company.
Similar(11)
Equipment-financing confidence holds steady.
Agilent is selling CIT some assets of its equipment-financing and leasing business, not the entire business.
Xerox's equipment-financing business is headed out the door, too, although it will probably not be divested in one deal.
It wants to sell two-thirds of its famed research center, and to get out of the equipment-financing business.
It has new loan agreements with its banks and has struck a deal with GE Capital to take an equipment-financing business off its balance sheet.
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